Sooo I got it under contract, called buyers and the (only) one private investor I know about property and real estate agents.

HI Joel,My meetup group has exclusive private money lenders that do deals like this all the time.

For the 'passive part' we are just now working on structuring a couple of Private Investor deals where an outside investor could use *their* Self Directed Account to bring the down payments and partner with us doing *all* of the finding, purchasing, PM, etc... so their part would be totally passive. 

I figured that at least a private lender could do it. 

Financing & Deal Structure: Purchase Price: $1,550,000Bank Financing: $1,162,500 of Purchase Price at closing Financed by: South Shore BankInterest: 5.46 %Points: 0.75 PtsInterest Reserves: $60,000Closing Costs: $23,000Terms: 25 Year Amortization 10 Year term.5 Year fixed.Down Payment at Closing: $400,000 Private Investor + Own CashActual Rehab Cost: $385,000Summary: Purchase Price: $1,550,000Rehab: $385,000ARV 3 Unit: $2,000,000ARV 4 Unit: $2,400,000 Appraised values came in at $2,300,000 for 4 unit with lower rent roll projections given.Equity Created: $500k+Projected Monthly Rent Roll: $15,500/monthProjected Monthly Cashflow: $2,328/monthProjected CAP Rate: 

Any private money lenders in ms?

Don’t hire a property manager until you have you nailed down your own management style.

Private lender(family member) How did you add value to the deal?

It is seller mortgaged at 85% and the 15% down payment and closing costs were paid for using a private loan.

Private lender(family member) How did you add value to the deal?